San Diego County Budget Focuses on Retiree Pensions

KPBS | By KPBS Public Broadcasting

Published June 18, 2007 at 8:07 AM PDT

This story was published more than 17 years ago.

Money for retirees' pensions takes center stage as the County of San Diego discusses a new budget proposal this week. We speak with a staff writer for the San Diego Union-Tribune, who breaks down the

Alison St John (Guest Host): New federal laws that go into effect next year mean public agencies that looked reasonably healthy financially up until now, could suddenly appear up to their ears in debt.

Tomorrow, San Diego County could be one of the first agencies to address this issue, by reaching a settlement with its retirement board about future retiree health benefits.

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Also tomorrow, county supervisors are expected to pass a $4.7 billion budget. Unlike the City of San Diego's smaller $2.8 billion budget, the County budget has received very little scrutiny.

The County Board of Supervisors will meet tomorrow, Tuesday, June 19 ^th , to approve the budget.

The San Diego County Employees Retirement Association has until June 30th to agree to a plan set out by the County Board of Supervisors.

Guest

Craig Gustafson, staff writer for the San Diego Union-Tribune, who covers county issues.